The Global Condom market is expected to grow at a CAGR of 8.39 percent
over the period 2013-2018. Commenting on the report, an analyst from the
researchers' team said: Numerous consumers are allergic to latex condoms
and generally avoid them. This is therefore creating high demand for
non-latex condoms though they are costlier than the latex version. The
increasing consumer base for non-latex condoms might also lead to condom
manufacturing companies introducing an affordable range of non-latex
condoms, which will propel the growth of the Global Condom market.

According to the report, the increasing need for population control and
family planning is one of the major drivers in the market. Condoms are
the most effective and efficient method of family planning, and
awareness of this fact among end-users and governments is propelling the
growth of the global market.

Tthe lack of awareness about condoms is the major challenge hindering
the growth of the market. Most of the populations residing in
underdeveloped nations and in certain developing nations are not
completely aware about the advantages and benefits of using a condom.
Consequently, they hesitate to use this effective method of
contraception or generally avoid using it, which acts as a major
inhibitor of the growth of the Global Condom market.

Research and Markets is the world's leading source for international
market research reports and market data. We provide you with the latest
data on international and regional markets, key industries, the top
companies, new products.